Private legal practitioner, Maurice Ampaw has revealed that customers of troubled gold dealership company, Menzgold failed to apply home sense which is why they have found themselves in their current state. Also READ: Woman losing her eyesight; needs money for medical attention as her Gh¢200K sit with MENZGOLD He disclosed on Kumasi-based Otec FM that […]

Private legal practitioner, Maurice Ampaw has revealed that customers of troubled gold dealership company, Menzgold failed to apply home sense which is why they have found themselves in their current state.

He disclosed on Kumasi-based Otec FM that he pities them but
observed that they also have themselves to blame for what might have befallen
them in respect of their locked up investment with the company.

The maverick legal practitioner, believes that tagging the Chief Executive Officer (CEO) Nana Appiah Mensah alias NAM 1 as a thief and scammer among other denigrating adjectives is partly to blame for where they find themselves.

“I pity the Menzgold customers because they refuse to apply
home sense and they did not also know that what they were doing will affect
they themselves”, he disclosed in the interview monitored by MyNewsGh.com.

Mr. Maurice Ampaw is of the view that the conduct of the
customers could have severe business links of NAM 1 as well result in persons
who owed him to refuse to settle their indebtedness.

“If he owes you and you start screaming he is a thief, he is a scammer and people start writing stories calling for his arrest, you are ruining the reputation of the person and his work and arrangements. If he has business links it will be truncated, if anyone owes him, such a person will not pay”, he stated.

In his assessment, NAM 1 was living to his mandate with his customers
until the Securities and Exchanges Commission (SEC) and the Bank of Ghana (BoG)
waded into the business which ground it to a halt.

“NAM 1 was living up to his promises until SEC and BoG
intervened so they are the people who must be held accountable to give us our
money. If they refuse to give us back out money, you will not have peace. We will
not give you the peace to sleep”, he warned.

Maurice Ampaw is among the thousands of customer whose
investments have been locked up at Menzgold he said he is proud to be a customer
and that he feels insulted when he and other “Menzgolders” are called greedy.

He reveals that his close family members are among numerous
Ghanaians whose investments with the gold trading hub is likely go waste
according to a statement by the lawyer himself, MyNewsGh.com can report

“I want everyone to officially know that lawyer Ampaw is a proud customer of Menzgold”, he revealed while flaunting documents to prove that he has his cash locked up with the gold trading company.

According to copies of the documents in possession of
MyNewsGh.com, lawyer Maurice Ampaw purchased 50 pounds of Gold worth GH¢
100,000 three times totaling GH¢ 300,000 before the company run into crises.

His cousin as well invested GH¢520,000 whiles his wife
invested GH¢200,000, cumulatively making GH¢920,000 of total cash lodged with
Menzgold.

New Patriotic Party (NPP) firebrand, Kennedy Agyapong has blown the cover of a colleague lawmakers from the National Democratic Congress (NDC) who sold their houses and invested the proceeds in troubled gold dealership firm, Menzgold. Also READ: How did UTV employ you when you don’t ask intelligent questions? – KEN Agyapong to trained lawyer and […]

New Patriotic Party (NPP) firebrand, Kennedy Agyapong has blown the cover of a colleague lawmakers from the National Democratic Congress (NDC) who sold their houses and invested the proceeds in troubled gold dealership firm, Menzgold.

He described one of them as a greedy boy who wants to reap more and only now turning to heap blames on the administration of President Nana Addo Dankwa Akufo-Addo because things have turned bad.

Though the tough-talking lawmaker of Assin Central will not mention who these persons are, he revealed that they invested a minimum of GH¢4 million each and in some cases more.

According to him, he will be forced to mention the names of these MPs if the NDC does not stop making political mincemeat out of the whole Menzgold saga since they enjoyed the proceeds in silence.

“If they start to blame NPP and Akufo-Addo I will expose
them. Even in parliament. Some greedy MP’s sold their properties, went and rented
and invested in Menzgold…they got nerves to talk about Akufo-Addo? When you
sold your house and you went and invested it was Akufo-Addo part of the deal?
That greedy boy is now blaming Akufo-Addo…I am tempted to mention his name. I
know some paid GHC4, million”, he revealed in an interview MyNewsGh.com
monitored.

The maverick politician said from 2015, he saw a looming danger and warned members of the NDC against lodging their monies at certain financial institutions but they were impervious to advice which has landed them in their current troubles.

Mr Kennedy Agyapong wants President Akufo-Addo to be absolved of any blame since he is not the one who directed them to go deal with certain financial institutions including Menzgold.

Thousands of Ghanaians have had their cash locked up with
Menzgold after the Securities and Exchanges Commission (SEC) directed them to
halt operations until they were duly licensed to engage in some of the activities
they were into.

A woman who invested GH¢200,000 into gold dealership firm, Menzgold has revealed that she is losing her sight gradually and unless she gets urgent medical attention, risks going blind, MyNewsGh.com reports. She also disclosed that her decade-old marriage has come to a sad end following her inability to retrieve the money and the accrued interest, […]

A woman who invested GH¢200,000 into gold dealership firm, Menzgold has revealed that she is losing her sight gradually and unless she gets urgent medical attention, risks going blind, MyNewsGh.com reports.

She also disclosed that her decade-old marriage has come to a sad end following her inability to retrieve the money and the accrued interest, and she is going blind too without medical help.

“I am currently searching for money to attend to my medical needs but I am not getting anyone to support me. I am literally going blind and had to be dragged here by someone”, she lamented on Accra-based Joy News monitored by MyNewsGh.com.

According to the woman who was seen weeping on live Television and pleading with President Nana Addo Dankwa Akufo-Addo to intervene, she has nowhere to turn to in order to retrieve the cash if the government decides to leave Menzgold customers to their fate and she may go totally blind.

She revealed that the husband who is currently not in the country has as a result, asked her to look for another man and marry because he is unhappy with her following her decision to invest such an amount with the company.

“My husband has asked me to go and marry another man because he is no longer happy with me. Akufo-Addo must intervene and retrieve our monies for us because it is becoming a serious problem for us. I am currently searching for money to attend to my medical needs but I am not getting anyone to support me. I am literally going blind and had to be dragged here by someone” she wept hysterically.

The troubled Menzgold customer indicated that the troubles of the company appeared to have complicated her health situation and that but for God’s protection she would have been long buried.

“I invested GH¢200,000 and this has struck me with sickness. If not for God’s protection, I would have been buried long ago. I really do not know what I am doing now, it is just by the grace of God I am still surviving. Nana Akufo-Addo should come to our aid because what my children and I will feed on has now become a major challenge.” She cried.

“My husband has asked me to go and marry another man because he is no longer happy with me. Akufo-Addo must intervene and retrieve our monies for us because it is becoming a serious problem for us. I am currently searching for money to attend to my medical needs but I am not getting anyone to support me. I am literally going blind and had to be dragged here by someone”, she lamented on Accra-based Joy News monitored by MyNewsGh.com.

]]>https://mynewsgh.com/marriage-of-10-years-comes-to-a-sad-end-over-wifes-gh%c2%a2200k-menzgold-investment/feed/161391I’ll still invest in Menzgold because NAM 1 is a good man-Mzbelhttps://mynewsgh.com/ill-still-invest-in-menzgold-because-nam-1-is-a-good-man-mzbel/
https://mynewsgh.com/ill-still-invest-in-menzgold-because-nam-1-is-a-good-man-mzbel/#commentsFri, 01 Feb 2019 09:07:42 +0000https://mynewsgh.com/?p=60975

Musician Belinda Nana Akua Amoah, popularly known as Mzbel who is unfazed by her locked up cash with troubled gold trading company, Menzgold has disclosed that she will still invest there if it bounces back and things are going on well as anticipated, MyNewsGh.com has filed. “Yes, I will still invest with Menzgold if the […]

Musician Belinda Nana Akua Amoah, popularly known as Mzbel who is unfazed by her locked up cash with troubled gold trading company, Menzgold has disclosed that she will still invest there if it bounces back and things are going on well as anticipated, MyNewsGh.com has filed.

“Yes, I will still invest with Menzgold if the confidence
with which we saw and invested is there. I really do not blame NAM 1 because a lot
of persons benefitted despites the risks”, she told Zionfelix in an interview
monitored by MyNewsGh.com.

The musician claims she has about GH¢250,000 with the
company but will only consider it as business gone bad in view of the fact she
might be unable to retrieve the money considering the current circumstances.

According to her, the invested money was for a property but
she had to invest it with Menzgold primarily because she had no time to finalize
the property acquisition.

“A good friend of mine introduced me to Menzgold and claimed it was the latest gig in town. Because jobs are scarce to come by, I also invested in it. I had the money sitting down without attracting any interest so I invested it so that I could reap some more cash and by the time I am prepared for my property, I could use it. I knew I will get profit but is business gone badly”, she said.

Kumawood star and musician, Kwadwo Nkansah Lil Win who says he has no regrets investing in gold dealership firm, Menzgold, has disclosed that he will still invest in the company if it bounces back, MyNewsGh.com. He observes that investing such scheme is risk-taking just like other ventures he has been engaged in and ended up […]

Kumawood star and musician, Kwadwo Nkansah Lil Win who says he has no
regrets investing in gold dealership firm, Menzgold, has disclosed that he will
still invest in the company if it bounces back, MyNewsGh.com.

He observes that investing such scheme is risk-taking just
like other ventures he has been engaged in and ended up losing several
thousands of Ghana cedis.

Lil Win who has been a customer of the company for one and
half years refused to disclosed the exact amount locked up with the company but was quick
to disclose that he reaped the interest for a number of months before it run
into crises.

According to him, a number of persons in high-profile positions are among customers whose investments have been locked up with the company but because of the greed tag, they are unwilling to show up.

“The greed tag on Menzgold customers is making most of them
shying away. I have invested in Menzgold for more than one and half years. It
is not about greed. Others have their money in other banks. They do investments
including fixed deposits. Truth be told, no one will invest in an organization when
he or she is aware it aware it would collapse someday. You can buy a land and
as a result of litigation you lose the cash. It has happened to me twice when I
was building my school at Ahenkro. I have not regret because I am a man and
will still invest in Menzgold or any other of its kind if it bounces back”, he stated.

News reaching MyNewsGh.com indicates that Zylofon signee and Ghana’s self-acclaimed Dancehall King, Charles Nii Armah Mensah known in Showbiz as Shatta Wale could soon lose his East Legon mansion and some vehicles as there are plans by Economic and Organised Crime Office (EOCO) to confiscate them as part of measures in retrieving properties of Menzgold […]

News reaching MyNewsGh.com indicates that Zylofon signee and Ghana’s self-acclaimed Dancehall King, Charles Nii Armah Mensah known in Showbiz as Shatta Wale could soon lose his East Legon mansion and some vehicles as there are plans by Economic and Organised Crime Office (EOCO) to confiscate them as part of measures in retrieving properties of Menzgold and its subsidiary companies .

According to inside sources, the building and cars are still in the name of the parent organization Zylofon Media and could only be transferred into the name of the musician upon completion of his contract expected to end in a number of years.

There are moves to start seizing assets of the embattled
gold dealership firm as part of efforts in recouping locked up cash of
customers who have been on the heels of government to intervene.

It is unclear when officials of EOCO will start confiscating
these property but our source indicate that a number of them have been listed
out and background on their true ownership done which now paves the way for
them to move in.

EOCO earlier this week froze the accounts of Nana Appiah
Mensah alias NAM 1 who is the Chief Executive Officer (CEO) of Menzgold and is
seeking public support to locate other accounts either locally or internationally
to freeze them pending the outcome of investigations into allegations he has
defrauded some persons by false pretenses

The Executive Director of EOCO, Mr. K.K Amoah who suspects NAM 1 could be operating with different account names is urging the public to volunteer such information to his outfit in order to track such transactions as part of ongoing investigations

“What we are telling the public is that anyone with information on his other accounts should let us know because we believe he might have used different names to open such accounts and so friends, family should let us know about other accounts,” he urged on Accra-based Adom Fm.

It would be recalled that in March last year, Zylofon Music offered
a juicy package of $1.5 million together with a house and a Rolls Royce car to
the musician.

Though officials of Zylofon refused to confirm the rumours
of the package, they said the three-year contract included a non-disclosure
clause which prevents both parties from giving details of the deal.

Private Legal Practitioner, Maurice Ampaw who is among the thousands of customer whose investments have been locked up at Menzgold has said he is proud to be acustomer of Menzgold, and that he feels insulted when he and other “Menzgolders” are called greedy. He has taken on appointees of the current new Patriotic Party (NPP) […]

Private Legal Practitioner, Maurice Ampaw who is among the thousands of customer whose investments have been locked up at Menzgold has said he is proud to be acustomer of Menzgold, and that he feels insulted when he and other “Menzgolders” are called greedy.

He has taken on appointees of the current new Patriotic Party (NPP) administration observing that their utterances are provoking the aggrieved customers which he is part.

Maurice Ampaw had earlierindicates that his close family members are among numerous Ghanaians whose investments with the gold trading hub is likely go waste according to a statement by the lawyer himself, MyNewsGh.com can report

“I want everyone to officially know that lawyer Ampaw is a
proud customer of MenzGold”, he revealed while flaunting documents to prove
that he has his cash locked up with the gold trading company.

According to copies of the documents in possession of
MyNewsGh.com, lawyer Maurice Ampaw purchased 50 pounds of Gold worth GH¢
100,000 three times totaling GH¢ 300,000 before the company run into crises.

His cousin as well invested GH¢520,000 whiles his wife
invested GH¢200,000, cumulatively making GH¢920,000 of total cash lodged with
Menzgold.

But Maverick private legal practitioner and political critic
has charged government officials and members of the ruling New Patriotic Party
(NPP) to stop provoking aggrieved Menzgold customers with their comments on
Mengold Company issue.

Finance Minister Ken Ofori Atta and the Member of Parliament
for Assin Central, Kennedy Agyapong has described Menzgold customers as greedy
people who want to reap more than they had sown

Some communication team members and executives of the NPP
have also described Menzgold customers as such wondering why they failed to
talk when it was rosy with government said to be compounding their issues by stating
it has no intention of bailing out customers of beleaguered investment company,
Menzgold.

Maurice Ampaw who was however speaking on Kumasi-based Abusua FM monitored by MyNewsGh.com, urged government officials to shut up on Menzgold issue if the government has nothing in terms of help for the frustrated customers.

He insisted that Menzgold customers did legitimate business
with the Company saying it is regrettable that government officials are calling
Menzgold customers’ greedy people regrettable.

“Menzgold Customers are not greedy and we can never be
greedy. We did a legitimate business with Menzgold. Government is provoking us
with their comments as far as Menzgold issue is concerned. Mengzold customers
are not telling government to bail us out with tax payers’ money. Government
officials should shut up if they have nothing to help” Dr Ampaw said.

]]>https://mynewsgh.com/im-a-proud-customer-of-menzgold-my-motivation-was-not-greed-maurice-ampaw/feed/259197We’ll still do business with Menzgold-Disgruntled Customershttps://mynewsgh.com/well-still-do-business-with-menzgold-disgruntled-customers/
https://mynewsgh.com/well-still-do-business-with-menzgold-disgruntled-customers/#commentsMon, 14 Jan 2019 08:08:07 +0000https://mynewsgh.com/?p=59194

Customers of troubled gold dealership firm, Menzgold have registered their preparedness to do business with the company if it legitimize its operations in order not to incur the wrath of the Securities and Exchanges Commission (SEC) as well as the Bank of Ghana (BoG) The leader of aggrieved Menzgold Customers in Ashanti Region, Barfour Amankwaa […]

Customers of troubled gold dealership firm, Menzgold have
registered their preparedness to do business with the company if it legitimize
its operations in order not to incur the wrath of the Securities and Exchanges
Commission (SEC) as well as the Bank of Ghana (BoG)

The leader of aggrieved Menzgold Customers in Ashanti Region,
Barfour Amankwaa has stated categorically that Menzgold customers will still do
business with the Company if the company is able to provides better documents to the effect it is
not flouting the laws of the country as claimed by the regulators, MyNewsGh.com
reports

The aggrieved Menzgold Customers since last year have
embarked on series of demonstration demanding for their investment locked up
with the company following pressure mounted on it by the regulators.

The Securities and Exchange Commission (SEC) ordered the
closure of Menzgold Company arguing that management of the Menzgold Company failed
to provide better documents making the company operations illegal.

Halting the operations of the company by SEC was the genesis
of its woes as it failed to pay investments of its clients as well as their
accrued interests leading to agitations with calls on central government to intervene
in the matter.

But Baffour Amankwaa who was speaking on Kumasi-based Abusua
FM in an interview monitored by MyNewsGh.com, said majority of the customers
are ready to do business with Menzgold despite the challenges if the company is able
to provide better documents to prove its operations are legitimate.

According to him, Menzgold was already paying the customers before the order from SEC and Bank of Ghana leading to its closure.

“Though Menzgold Company is facing challenges and we
all know that but if the company start operations today and is able to show us
better documents, some of us will do business with them. We the customers are
not greedy as some government officials are saying. We were doing legitimate
business with Menzgold Company” he said.

Barfour Amankwaa however commended government for initiating
some action as far as the Menzgold
company issue is concerned by referring the matter to the Criminal
Investigation Department that has gone to court and issued a warrant for the
arrest of the Directors of the Company including Nana Appiah Mensah
affectionately called NAM 1.

Controversial television personality, Afia Schwarzenegger says there is the need to arrest Benedicta Gafah as an accomplice of Nana Appiah Mensah. Benedicta Gafah is one of the female celebrities who were used by Nana Appiah Mensah to convince Ghanaians to invest in the gold dealership company which has turned out to be fraudulent. According to […]

Controversial television personality, Afia Schwarzenegger says there is the need to arrest Benedicta Gafah as an accomplice of Nana Appiah Mensah.

Benedicta Gafah is one of the female celebrities who were used by Nana Appiah Mensah to convince Ghanaians to invest in the gold dealership company which has turned out to be fraudulent.

According to
her, even after MenzGold started having problems, Beneddicta Gafah continued to
encourage her followers to continue investing in MenzGold.

She said while sharing a video of Benedicta Gafah encouraging Ghanaians to invest in MenzGold that “Well this is Ayigbe Maame Water convincing people to invest with menzgold after SEC and BOG shut down of @menzgoldgh. I am asking for a neighbour in church can’t they arrest this wanna bee as an accomplice or Ayigbe Karishika can’t be held on aiding n abeting charges…I beg just asking for my pastor’s girlfriend”.

Former President Jerry John Rawlings has broken his silence on the raging controversy about troubled gold dealership firm Menzgold, MyNewsGh.com reports. The name of the former military ruler has been captured among a tall list of persons said to have had their cash locked up with the company following its closure by the Securities and […]

Former President Jerry John Rawlings has broken his silence
on the raging controversy about troubled gold dealership firm Menzgold,
MyNewsGh.com reports.

The name of the former military ruler has been captured
among a tall list of persons said to have had their cash locked up with the company
following its closure by the Securities and Exchanges Commission (SEC).

But Mr Rawlings in a Tweet on his official handle he wonders
why Menzgold is refusing to respond to what he described as silly list making
rounds on social media adding that he does not have such an amount to waste on
questionable ventures.

He also doubted the names of other persons on the list and
if they would allow themselves be involved in what he termed a mess.

“Shouldn’t Menzgold be reacting to this silly list making
the rounds on social media? I do not have a stash anywhere to waste on
questionable ventures and doubt others on the list involved themselves in this
mess”, he tweeted.

MyNewsGh.com sighted different lists from different groups
of persons depending on their political persuasions claiming they are those whose
investments have been locked up in Menzgold.

Among the first list that
was posted on the Instagram page of Kwame A-Plus included actresses Yvonne
Nelson and Tracey Boakye. Jackie Appiah, Sarkodie Tracey Boakye, Kumi Guitar and
popular radio personality, Abeiku Sanatana.